{"id":257664,"date":"2025-10-29T01:00:16","date_gmt":"2025-10-29T01:00:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/257664\/"},"modified":"2025-10-29T01:00:16","modified_gmt":"2025-10-29T01:00:16","slug":"venmo-to-allow-rent-mortgage-retail-payments-through-major-bilt-partnership","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/257664\/","title":{"rendered":"Venmo to allow rent, mortgage, retail payments through major Bilt partnership"},"content":{"rendered":"\n<p>Check out what&#8217;s clicking on FoxBusiness.com.<\/p>\n<p>Venmo is taking a big step beyond splitting dinner bills.<\/p>\n<p>Starting in 2026, users will be able to make rent, mortgage and <a href=\"https:\/\/www.foxbusiness.com\/category\/retail\" target=\"_blank\" rel=\"noopener nofollow\">retail payments<\/a> directly through the app, thanks to a &#8220;first-of-its-kind&#8221; partnership with major housing commerce platform Bilt Rewards. PayPal, which owns Venmo, made the announcement Monday.<\/p>\n<p>When the feature rolls out,\u00a0Bilt members will be able to make payments directly through Venmo using their balance or linked payment methods. Venmo will also be added to Bilt\u2019s existing lineup of payment options.<\/p>\n<p>PayPal said the collaboration with Bilt, the nation\u2019s largest housing and neighborhood commerce platform with more than 5 million members across the U.S. representing one in four residential buildings, is part of its push to expand how people use Venmo for everyday transactions.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/technology\/major-mobile-payment-services-video-platform-experience-widespread-outages-within-24-hours\" target=\"_blank\" rel=\"noopener nofollow\">MAJOR MOBILE PAYMENT SERVICES, VIDEO PLATFORM EXPERIENCE WIDESPREAD OUTAGES WITHIN 24 HOURS<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/10\/groceries-paying.jpg\" alt=\"Customer pays by phone at farmers market.\"\/> <\/p>\n<p>A shopper pays for a purchase using a smartphone at a market March 22, 2022.\u00a0 (Hollie Adams\/Bloomberg\u00a0 \/ Getty Images)<\/p>\n<p>&#8220;The partnership brings rent payments, <a href=\"https:\/\/www.foxbusiness.com\/category\/mortgage\" target=\"_blank\" rel=\"noopener nofollow\">mortgage repayments<\/a> and neighborhood commerce into the Venmo experience, marking a major step in Venmo&#8217;s evolution from a peer-to-peer payments app to an everyday commerce platform,&#8221; Paypal said in the announcement.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/business-leaders\/verizon-names-former-paypal-boss-dan-schulman-ceo\" target=\"_blank\" rel=\"noopener nofollow\">VERIZON NAMES FORMER PAYPAL BOSS DAN SCHULMAN AS CEO<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/10\/apartment-building.jpg\" alt=\"Apartment buildings.\"\/> <\/p>\n<p>Starting in 2026, Venmo users will be able to pay rent and mortgages through a new partnership with Bilt. (iStock \/ iStock)<\/p>\n<p>The\u00a0collaboration will\u00a0also open Venmo\u2019s doors to Bilt\u2019s network of more than 45,000 merchants, allowing nearly 100 million Venmo users to pay at neighborhood restaurants, shops, gyms, pharmacies and other local spots within the Bilt ecosystem.<\/p>\n<p>&#8220;Together with Bilt, Venmo is delivering new convenience for millions of renters while giving <a href=\"https:\/\/www.foxbusiness.com\/real-estate\" target=\"_blank\" rel=\"noopener nofollow\">property managers<\/a>, merchants and partners a simple, reliable way to get paid,&#8221; the company added.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/us-treasury-department-now-offers-novel-method-pay-nations-whopping-36-trillion-debt\" target=\"_blank\" rel=\"noopener nofollow\">WANT TO HELP WITH AMERICA&#8217;S $36 TRILLION DEBT? TREASURY DEPARTMENT NOW TAKES PAYPAL AND VENMO DONATIONS<\/a>\u00a0<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/10\/venmo-app.jpg\" alt=\"Venmo app on a phone.\"\/> <\/p>\n<p>The Venmo app is displayed in the App Store on an iPhone. (Andrew Harrer\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n<p>Bilt members will also be able to earn Bilt Points, which can be redeemed for travel, fitness, home d\u00e9cor and more, according to the release.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/\" target=\"_blank\" rel=\"noopener nofollow\">CLICK HERE TO READ MORE ON FOX BUSINESS<\/a><\/p>\n<p>Ticker Security Last Change Change % <a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=PYPL\" rel=\"nofollow noopener\" target=\"_blank\">PYPL<\/a> PAYPAL HOLDINGS INC. 73.02 +2.77<br \/>\n        +3.94%<\/p>\n<p>While millions of people already rely <a href=\"https:\/\/www.foxbusiness.com\/category\/venmo\" target=\"_blank\" rel=\"noopener nofollow\">on Venmo<\/a> to manage everyday expenses, from splitting rent with roommates to paying landlords directly, PayPal\u2019s partnership aims to make &#8220;one of\u00a0life\u2019s largest recurring expenses more rewarding,&#8221; Diego Scotti, PayPal&#8217;s general manager of the consumer group, told FOX Business in a statement Monday.\u00a0<\/p>\n<p>&#8220;Early feedback has been very positive, and we\u2019re excited to launch in early 2026.&#8221;\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Check out what&#8217;s clicking on FoxBusiness.com. Venmo is taking a big step beyond splitting dinner bills. Starting in&hellip;\n","protected":false},"author":2,"featured_media":257665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[165,74],"class_list":{"0":"post-257664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-mobile","9":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/257664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=257664"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/257664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/257665"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=257664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=257664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=257664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}